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Euro / U.S. Dollar
Long

Lingrid | EURUSD capitalizing on Bullish MOMNETUM. Buy Pullback

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EURUSD is currently consolidating below the psychological level at 1.12000. On the daily timeframe, it is retesting the the previous week's high, which is likely to be broken upside. Tuesday's close was marked by a strong bullish candle, suggesting that a pullback toward the support area may occur, providing an opportunity to catch the pullback in anticipation of trend continuation. I expect the price to bounce off both the support level and the downward trendline. My target is resistance zone around 1.12230


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Lingrid
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signalprovidersignalssignalsproviderTrend Analysis
Lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi

🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid

🌎WebSite: lingrid.org
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.